In November, chlorine wax-52 was affected by seasonal factors, and there was a downward trend in some regions. In particular, chlorine wax-52 in Jiangsu and Zhejiang had fallen below the 6,000-yuan mark (t price, the same below). Such as Ningbo Zhongli, Hangzhou Chenguang and other manufacturers of mainstream factory prices fell to 5700 ~ 5800 yuan. The mainstream ex-factory price in Henan is low at 5300 to 5500 yuan. Major ex-factory prices in Guangdong, Hunan, and Fujian continued to fluctuate around 6,000 yuan. Some manufacturers in the northeastern region have relatively low prices due to low production, which is about 6,500 yuan. The chlorine wax -70 in view of the high cost and low price situation, the relevant chlorine wax manufacturers reached a consensus that the domestic manufacturers of chlorine wax -70 prices rose 200 yuan, the export price of not less than 8,500 yuan. In late November, major manufacturers such as Shenyang Chemical Industry and Harbin Yibin Chemical have successively raised the chlorine wax-70 by 200 yuan. This has had a positive impact on manufacturers in reducing losses, increasing profits, and activating the market.
There are three main characteristics of the market trend of chlorinated paraffins in the near future: First, seasonal factors. November was the off-season consumption of chlorinated paraffins, and the operating rate of downstream companies fell, and demand was shrinking. In particular, the polyurethane industry is affected by seasonal factors, and the operating rate has decreased significantly. Second, this year, influenced by the sharp increase in international crude oil prices, liquid wax prices remain high, driving the price of chlorinated paraffins to rise sharply, and also increasing the cost of downstream production plants. Third, the production and sales volume of chlorinated paraffins of some manufacturers decreased, and the inventory volume increased.
It is expected that the domestic chlorinated paraffin market will stabilize in December, and prices will continue to drop sharply. The main influencing factors are: First, the domestic liquid wax price is still higher than the same period of last year. The cost of each manufacturer is difficult to drop sharply, making the price of chlorinated paraffins drop sharply; the second is that some manufacturers have less production and sales this year. Too low will result in losses. Currently, chlorinated paraffins of most manufacturers have adopted a price strategy based on stability. Third, due to the decline in market demand at the end of the year, even if the price is lowered, the production and sales volume cannot be enlarged.
In the just-previous November, the chlorinated paraffin market was generally a bit weaker, with the price of chlorowax-52 dropping steadily and the chlorine wax-70 price rising steadily. It is expected that the overall market in December will be dominated by stable words.